Baird Maintains Outperform on TaskUs, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning maintains an Outperform rating on TaskUs (NASDAQ:TASK) but has lowered the price target from $14 to $12.
September 13, 2023 | 4:16 pm
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Baird analyst David Koning maintains an Outperform rating on TaskUs but has lowered the price target from $14 to $12.
The news is directly related to TaskUs (NASDAQ:TASK). While the Outperform rating is maintained, the lowering of the price target from $14 to $12 might indicate a potential downside risk in the short term. However, the overall impact is neutral as the Outperform rating suggests that the analyst still expects the stock to do better than the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100